Twitter IPO

Twitter planning a November IPO

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By Jennifer Faull, Deputy Editor

September 20, 2013 | 1 min read

Twitter is reportedly planning to go public before Thanksgiving, 28 November, this year.

Separate reports from Reuters and The New York Post have suggested the IPO could come before the end of November, and that the social media giant is looking to raise at least $1bn from the move.

Twitter only announced its intention to go public last week, however rumours have been circulating since the beginning of the year when it was valued at $11bn (£6.8bn).

If Twitter does go public before November 28, it will be required to provide financial information no later than the 7 November. Analysts have suggested that it will leave it as late as possible to disclose figures in a bid to avoid the mistakes Facebook made in hyping up its IPO.

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